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31796465
31796464

12 South Wycombe Avenue, Lansdowne, PA 19050 For Sale

SM
PA RS352351
MPN Realty, Inc.
MPN Realty, Inc.
Listed by MPN Realty, Inc.
$1,200,000
89 days on market
Updated 65 days ago
Opportunity zone

12 South Wycombe Avenue

Details
Property Type Multifamily, Land
Sub Type Commercial, Residential
Units 42
Class B
Stories 4
Lot Size (SqFt) 30,170
Parking Spaces 11

42-UNIT DEVELOPMENT SITE IN LANSDOWNE, PA

Marketing description

MPN Realty, Inc. is pleased to present the exclusive sale of 12 S. Wycombe Avenue, a 42-unit multifamily development opportunity in Lansdowne, PA. Ownership has obtained zoning approval for 41 apartments, 1,085 SF of commercial space and 11 on-site parking spaces. The apartment mix includes: (32) – 1 BR / 1 Bath, (4) – 2 BR / 1 Bath, and (5) 2 BR / 2 Bath. The site includes (3) parcels: 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave and total 30,170 SF. The site is well located on the corner of S. Wycombe Ave and Baltimore Ave; Lansdowne’s main commercial corridor. 12 S Wycombe Ave presents a rare opportunity to develop a multifamily building in the heart of Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales in what was formerly a “dry town." The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.

Listing Contacts

SM
PA RS352351
MPN Realty, Inc.
MPN Realty, Inc.
Listed by MPN Realty, Inc.

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Additional Information

Name
Samantha Miller
License
RS352351
Brokerage
Select Commercial Advisors
Brokerage Phone
215.315.3326
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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